STATE UNEMPLOYMENT TAX ACT Definition

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STATE UNEMPLOYMENT TAX ACT (SUTA), in the U.S., is the same as FUTA except from an individual U.S. state in compliance to federal guidelines. See also FEDERAL UNEMPLOYMENT TAX ACT.

Learn new Accounting Terms

NET LOSS is the amount by which total of costs and expenses exceeds total revenue in an accounting period.

COST SYNERGY is the savings in operating costs expected after two companies, who compliment each others strengths, join.

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